Central Bank revoked the license of the three banks in Moscow – RIA Novosti

MOSCOW, October 23 – RIA Novosti. The Bank of Russia from October 23 to revoke the license for banking operations at three of Moscow banks, said the regulator.

“The Bank of Russia under the supervision of PJSC CB” Eurocommerce “established a significant underestimation of credit risks and misreporting. Proper assessment of credit risk at the request of the supervisory authority identified a total loss of own funds (capital) of the bank”, – the report says the Central Bank.

In addition, the bank does not comply with the law and regulations of the Bank of Russia in the field of counteraction to legalization (laundering) of proceeds from crime, timeliness and quality of information to the authorized body.

There that the activities of credit organizations was aimed at carrying out dubious transit operations in large volumes. At the same time managers and owners of the bank did not take effective measures to normalize its operations.

According to the Central Bank of Russia, in terms of assets the bank “Eurocommerce” on October 1, 2015 took 251 th place in the Russian banking system. The Bank participates in the deposit insurance system.

In addition, the controller 23 October revoked the license of a Moscow bank “Greenfield”.

Greenfieldbank conducted high-risk lending policies related to the placement of funds in low quality assets. Due to the creation of reserves, adequate risk-taking, the bank has completely lost its own funds (capital), says the Central Bank.

In this case, the credit institution does not comply with the restrictions and prohibitions of the Central Bank to carry out certain operations. In addition, the bank has been involved in a large shady transit operations of its customers.

The bank appointed interim administration.

The Bank participates in the deposit insurance system. According to the Central Bank in terms of assets Greenfieldbank on October 1st 2015 he held the 333rd place in the Russian banking system.

Also, the Central Bank of the Russian Federation from October 23 revoked the license for banking operations at the Moscow bank “trust, equality and cooperation” (Doris Bank), said in a statement the regulator.

“When a poor asset quality CB” Doris Bank “adequately evaluated taken in connection with the risks. Proper assessment of credit risk at the request of the supervisory authority identified a total loss of own funds (capital) of the bank”, – said the report of the Central Bank.

According to the Central Bank, the largest Doris bank assets on October 1, 2015 took 341 th place in the Russian banking system. The Bank participates in the deposit insurance system.